PUBLIC SERVICE CO OF COLORADO - FORM 8-K - EX-12.01 - EXHIBIT 12.01 - August 9, 2011

Attached files

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8-K - PUBLIC SERVICE CO OF COLORADO 8-K 8-9-2011 - PUBLIC SERVICE CO OF COLORADOform8k.htm
EX-5.01 - EXHIBIT 5.01 - PUBLIC SERVICE CO OF COLORADOex5_01.htm
EX-4.01 - EXHIBIT 4.01 - PUBLIC SERVICE CO OF COLORADOex4_01.htm
EXHIBIT 12.01
PUBLIC SERVICE COMPANY OF COLORADO AND SUBSIDIARIES
STATEMENT OF COMPUTATION OF
RATIO OF EARNINGS TO FIXED CHARGES
(Thousands of Dollars)

   
Six Months Ended
June 30,
    
Year Ended December 31,
  
   
2011
    
2010
    
2009
    
2008
    
2007
    
2006
  
                                     
Earnings as defined:
                                    
Pretax income from continuing operations
   $ 265,910     $ 628,901     $ 493,725     $ 506,424     $ 431,251     $ 323,159  
Add: Fixed charges
     123,887       233,604       224,041       199,739       311,377       264,672  
Earnings as defined
   $ 389,797     $ 862,505     $ 717,766     $ 706,163     $ 742,628     $ 587,831  
                                                 
Fixed charges:
                                                
Interest charges
   $ 91,435     $ 171,945     $ 166,212     $ 154,313     $ 180,230     $ 137,493  
Interest charges on life insurance policy borrowings
     147       372       324       248       105,396       117,536  
Interest component of leases
     32,305       61,287       57,505       45,178       25,751       9,643  
Total fixed charges
   $ 123,887     $ 233,604     $ 224,041     $ 199,739     $ 311,377     $ 264,672  
                                                 
Ratio of earnings to fixed charges
     3.1       3.7       3.2       3.5       2.4       2.2  

 

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